Are you a personal finance whiz?

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Are you a personal finance whiz?

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Who will have more at the age of 65 if they both invested in ROTH IRAs and the investments earned 8% annually?
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1 point

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Desiree

Andy

They will have the same

There is no way to know

Amy has $25 in her checking account and wrote a $30 check that bounced. What will the consequence be for Amy?
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1 point

Amy’s traditional credit scores will go down (e.g., FICO score and Vantage)

Amy's mistake could be reported to her consumer report (e.g., ChexSystems)

Amy's mistake will be reflected on her credit report

All of the above

Assume it is 2022. Based on the information provided, what is the most that you can contribute to your 401k? *

1 point

Captionless Image

$0

$2,520 (6%)

$5,040 (12%)

$20,500

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